DEPT. OF HOMELAND SECURITY

Tenant

DHS - ICE | HSI | OPLA

Location

San Antonio, TX

Price

Unstated

CAP Rate

Unstated

Lease Term

10 Years Remaining

Occupancy

10%

Building Size

38,763 SQ FT

Property Type

Office

Year Built

2017 Expansion & Renovation

Lot Size

2.0 Acres

Status

Sold

SOLD WITH 5-YEAR FIRM TERM
New 10 year lease with 5 years firm

FEDERAL GOVERNMENT CREDIT
Lease guaranteed by the United States of America – Moody’s Aaa credit rating

FINISH-TO-SUIT CONSTRUCTION
Comprehensive redevelopment to suit the specific needs of Homeland Security

MISSION-CRITICAL FACILITY
Houses key ICE divisions: Homeland Security Investigations and Office of the Principal Legal Advisor

SIGNIFICANT TENANT IMPROVEMENTS
TI costs in excess of $4.1 million

MAJOR MARKET LOCATION
San Antonio is the 7th largest city in the United States

The U.S. Department of Homeland Security, Immigration and Customs Enforcement – Homeland Security Investigations and Office of the Principal Legal Advisor (DHS – ICE / HSI / OPLA) facility in San Antonio, Texas is a 38,763 square foot single-tenant office building which was completely redeveloped for Homeland Security, with completion in May 2017.